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Data / Bank failures / Citicorp Savings of Illinoi

Failed banks taken over by Citicorp Savings of Illinoi: 2

Citicorp Savings of Illinoi took over 2 failed banks between April 3, 1982 and September 20, 1985, holding $3.66 billion in assets and $2.94 billion in deposits. The FDIC estimates the cost to its insurance fund at $653 million. The largest: First FS&LA of Chicago ($3.53 billion), Glen Ellyn S&LA ($122.1 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Glen Ellyn S&LA (assistance)Glen EllynILSeptember 20, 1985$122.1 million$101.1 million$18.5 millionCiticorp Savings of Illinoi
First FS&LA of Chicago (assistance)GalenaILApril 3, 1982$3.53 billion$2.84 billion$634.6 millionCiticorp Savings of Illinoi

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.